JHARKHAND

NABARD sanctions Rs 1,261 cr for water, road projects in State

The National Bank for Agriculture and Rural Development (NABARD) Jharkhand has sanctioned Rs 1,261 crore assistance under Rural Infrastructure Development Fund (RIDF) Tranche XXV to the Government of Jharkhand, for construction of seven Rural Piped Drinking Water Supply schemes in six districts – East Singhbhum, Saraikela, Simdega, Godda, Latehar and Garwha and 20 Road Projects in 13 districts – Latehar, Giridih, Palamau, Koderma, Garhwa, Gumla, Khunti, Simdega, West Singhbhum, Sahibganj, Jamtara, Dumka and Deoghar.

The seven Rural Piped Drinking Water Supply schemes will be implemented by Drinking Water and Sanitation Department (DWSD) and 20 Road Projects by Road Construction Department (RCD). On completion, the Rural Piped Drinking Water Supply schemes will facilitate regular potable water availability to 4.08 lakh villagers and 20 roadswith length of 399.65 KM will provide connectivity to rural hamlets, market centers, tourist and pilgrimage centers.

As on date, NABARD has sanctioned financial assistance under RIDF for 4,743 Rural Infrastructure Projects in Jharkhand for Rs 13,948.78 crore, as well as, disbursed an amount of Rs 10,557.09 crore. During the current financial year, NABARD plans to extend assistance under RIDF to the tune of Rs 1,600 crore in Jharkhand for infrastructure development of Agriculture, Social and Rural connectivity sector.

INTERNATIONAL

Social Mobility Index: India ranks low at 76th place; Denmark tops

India has been ranked very low at 76th place out of 82 countries on a new Social Mobility Index compiled by the World Economic Forum.

Denmark has topped the charts.

The report, released ahead of the 50th Annual Meeting of the WEF, also lists India among the five countries that stand to gain the most from a better social mobility score.

The top five are all Scandinavian, while the five economies with the most to gain from boosting social mobility are China, the United States, India, Japan and Germany.

France to train Indian flight surgeons for Gaganyaan mission

France will train Indian flight surgeons to enable them to monitor the health of astronauts selected for the ambitious human space mission Gaganyaan.

The two-week training is a critical aspect of the Gaganyaan project that is aimed at sending three Indians to space by 2022.

The flight surgeons, who will be Indian Air Force doctors specialising in aviation medicines and responsible for the health of astronauts before, during and after flight, will be shortlisted soon.

The four shortlisted astronauts, all test pilots from the Indian Air Force, are currently in Russia for an 11-month training programme.

NATIONAL

India successfully test-fires K-4 ballistic missile

India has successfully test-fired a 3,500 kilometre range nuclear capable missile that can be launched from a submarine.

The test of the K-4 ballistic missile was conducted off the Vizag coast in Andhra Pradesh on.

With this test, India has moved one more step towards the induction of this ballistic missile on the INS Arihant class of nuclear submarines.

The missile was developed by Defence Research and Development Organisation (DRDO).

Only the US, Russia and China have submarine-launched ballistic missiles of 3,500-kilometre range.

Commerce Ministry sets up National Startup Advisory Council to foster start-ups in India

The government has announced that it is to set up a National Startup Advisory Council. The council will advise the Centre on measures needed to build a strong ecosystem for nurturing innovation and start-ups in India. It was set up by commerce and industry ministry.

The Council will suggest measures to foster a culture of innovation among students and others, the commerce and industry ministry.

It will suggest measures to facilitate public organizations to protect and commercialization of intellectual property rights, to promote the creation, assimilate innovation, make it easier to start, operate, grow and exit businesses by reducing regulatory compliances and costs.

The Council will also direct the companies to promote ease of access to capital for start-ups, mobilize global capital for investments, incentivize domestic capital for investments, and keep control of start-ups with original promoters.

ISRO’s Gaganyaan to carry lady robot ‘Vyomamitra’ to space

Before the Indian Space Research Organisation (ISRO) sends a man into space next year in its first manned-mission Gaganyaan, it will send two unmanned missions to space in December this year and June next year.

The first unmanned mission will, however, have a half humanoid called ‘Vyomamitra’, a ‘lady’ robot.

The robot was the highlight at the ‘Human Spaceflight and Exploration – Present Challenges and Future Trends’ symposium.

The robot Vyomamitra can monitor through module parameters, perform life support operations and switch panel operations

MoD approves procurement of military equipment worth over Rs.5,100 crore

Ministry of Defence approved the procurement of military equipment worth over Rs.5,100 crore from indigenous sources. It also approved the construction of six conventional submarines for the Navy in India under the strategic partnership model.

The procurement includes sophisticated Electronic Warfare Systems for the Army designed by Defence Research and Development Organisation (DRDO).

The equipment will be manufactured locally by the Indian industry.

Also, DAC shortlisted Indian strategic partners (SP) and the potential Original Equipment Manufacturers (OEMs) that would collaborate to construct 6 conventional submarines in India under the strategic partnership model.

Under the SP model, selected private firms will partner to build military platforms like submarines and fighter jets in India in partnership with OEMs.

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